U.S. Housing Market Commentary

Posted by Megan Hopkins on 2/6/13 at 10:58am

It’s a little convenient that I am a real estate reporter in the process of buying my first home. I am able to stay abreast of all the housing news, rates, trends, etc., to keep me informed through the entire process. So, when Redfin offered a free class for first time homebuyers, I decided it could benefit me both professionally and personally.

...

Real Estate
Posted by Christina Mlynski on 2/5/13 at 1:11pm

HousingWire is always striving to recognize innovators within the industry. After all, it's one of the reasons we got started in the first place. 

Innovation and positive vibes are what moves any market forward, and the real estate business is seeing an emergence of incredible technology as the market recovers. HousingWire wants to show our support for those tech firms striving to make a mark, and those that still hope to make them.

That's why the company decided to...

Real Estate
Posted by Jacob Gaffney on 2/4/13 at 4:21pm

An article in National Public Radio outlines the process of Florida's Rocket Docket, but without mentioning the term 'Rocket Docket.' Even without the hyperbole, the article set off a series of argumentative talking points.

Take this...

Lending
Posted by Kerri Ann Panchuk on 2/4/13 at 2:42pm

It's been nearly two years since a Senate Subcommittee studying the financial crisis released a report, suggesting the nation's major credit rating agencies — including Standard & Poor's and Moody's Investors Service — were partly to blame for the 2008 financial crisis.

Back in 2011, the Senate Permanent Subcommittee on Investigations reported that...

Investments
Posted by Jacob Gaffney on 2/1/13 at 3:50pm

The state of the local community is a large driver of values across neighborhoods. This means blight is a big drag on nearby house prices. Solutions to curing blight, therefore, often look to solve larger community ailments.

But not always. Check out this latest innovation to boarding up abandoned houses, using a product called SecureView: 

"The product costs little more than plywood boards and is installed quickly and securely, using a technique similar to plywood bolt-...

Real Estate
Posted by Scott Sambucci on 1/30/13 at 11:17am

Over the past three days at the American Securitization Forum, I've sat in six sessions ranging from RMBS  valuations to new securitization perspectives to housing finance reform to REO-to-Rental. Here's what is apparent to me - the RMBS market ain't “getting back to normal.” What you see right now is what you're gonna get. 

Yes, there will be growth from the nine deals by two issuers in 2012. Yes, there is capital...

Investments
Posted by Megan Hopkins on 1/29/13 at 5:15pm

Online real estate marketplace Trulia ($29.76 0%) revealed its latest survey findings Wednesday, showing the seasonal patterns of home search activity based on its search traffic.

The research, which was based on all home searches on Trulia from 2007 to 2012, was used to determine whether a state’s search activity in each month is...

Real Estate
Posted by Scott Sambucci on 1/29/13 at 2:30pm

Remember when Spencer Bachus said that Fannie Mae and Freddie Mac should be in liquidation, not conservatorship?

The issue was discussed during a general session at the American Securitization Forum.

Yeah… About that… Well, the GSEs ain't going anywhere. Here are just a few reasons:

  • Home prices...
Investments
Posted by Megan Hopkins on 1/29/13 at 12:49pm

Yesterday, I attended my first REOCON Summit & Expo in Dallas, Texas. The last session of the conference was a Q&A style panel session, filled with professionals in the short sale industry. Each panelist discussed his personal experience with marketing in the industry and what techniques seem to work best individually.

Mike Bjorkman, a lead trainer at Agent Mechanics, told the crowd that he likes to integrate a lot of testimonials and newsletters into his...

Real Estate
Posted by Scott Sambucci on 1/29/13 at 12:16pm

If you're an investor, take your pick of strategies when you invest in the REO-to Rental market - just know that it should fundamentally affect your approach to managing these assets.

And the good news is that banks really don't care.

At the ASF 2013 panel - "REO-to-Rental Financing" - one of the hottest topics in residential real estate - focused on this basic question, borne out the recent upturn in home prices. After researching home prices and...

Investments